Gold prices fall slightly
Finance
- 30 June, 2022
- 05:32
Gold prices on June 30 morning fell under the pressure of increasing US Treasury bond yields, Report informs referring to the auction data.
The price of August futures for gold on the New York Comex exchange fell by $1.4, or 0.08%, to $1,815.75 per troy ounce. September silver futures fell 0.27% to $20.683 an ounce.
The price of the precious metal is decreasing on June 30 morning, as the yield on 10-year US government bonds (US Treasuries) rises to 3.106% from the previous close of 3.093%.
In addition, investors paid attention to the statistical data of the largest importer - China. Thus, the Purchasing Managers Index (PMI) in the country’s manufacturing sector rose only to 50.2 points in June, while the growth forecast was up to 50.5 points.
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